What does silver have to do with JNUG? JUNG is about GOLD.

Some traders here claim they never use stops. That's gotta be hurting them now.

I'm really sorry to hear your predicament and hope things turn around for you soon. Maybe this flush out will be the summer bottom. It will require a lot of patience, but gold can recover. Gold should, could, and would go up if it weren't firmly in the grip of the central bankers.

Apparently so.

Gold down $20. I'd say that's a fairly decisive break. Hard to catch this falling, sharp golden knife.

JDST shorts are thoroughly burned at this point. Hope they covered last week.

Very nice pop! The patient have been rewarded!

People who put their clients into this a few weeks ago...well, their clients can't be happy.

I've predicted sub $10 for quite some time.

Here it is. This is the flush out.

I don't know about today, but JNUG should see sub $10 next week. Bears are in control.

JNUG could dip below $10 some time next week. Under $10 will be the loading zone, IMO.

AMRH continues up nicely ahead of earnings. Sure, they have a lot of debt, but that's why it's so cheap. If they exceed expectations, look out above!

This is very true and Boomers aren't getting any younger. All that loud rock music they listened to when they were young is catching up to them.

"Wow huge untapped market for hearing aids out there in America. "

''Sorry bears?" LOL, the bears have gold by the short threads. The bears aren't the ones hurting here at the 52 week low.

What happened 10 years ago has absolutely no bearing on what might happen tomorrow.

Good luck to you--hope this turns around for you, but one thing is certain: UVXY is NEVER a long-term hold. It's only good for flips and bounce plays.

Easily understood confusion--I didn't know they've already planned still yet another RS. At some point one has to wonder how long this ETF can remain viable.

Forward split? Well OK, lol

Good luck.

It might be worth getting some in the $7s, but on the other hand, there's probably more decay and another RS in store here. How many times can they keep reversing this? Won't it eventually be down to 100 shares or something?

Martin Armstrong said there's no other place for money to go other than the stock market, which is why he sees the Dow at 40k. Sounded crazy when he said it a few years ago, but so far he's been proven correct.

This could see a slow drift up to $2, rather than the usual sudden pop (and subsequent sell off).

Slow drift up is better.

Hope you're playing this bounce--it's working for you this time.

When it comes to gold, 'sell in May and go away' is particularly applicable this year. JNUG has been dropping all summer.

$10 soon? I think so.

Nice pop today. A lot of JNUG bag holders are stuck and steaming right now.

Falling knives can be sharp, huh?

Dow up. Gold up (a little). JNUG down. Miners are red headed stepchildren right now.

On their website they showed a giant splat of a nugget. That was a 24k lie.

Well, actually gold nuggets are usually 16-18k due to the impurities...

It looks like strong support until it isn't. Then what? There could be a lot more downside here for gold.

That's tragic, but don't blame yourself. The con men that were pitching BONZ in those days were fairly slick and convincing. Remember how they pointed out that gold vein in the rock?

Now they say BONZ is different this time because of new ownership. Wrong. They'll simply play another variation in the scam theme. I have to say they're not very good at it, though. BONZ has gone nowhere. Could be because gold is in a bear market.

There was a time when I believed after they installed the wash plant and wells....but they found only a few bucks worth of gold nuggets. After that, it was all down hill and it's still down hill.

He who laughs last, laughs best!

About time. FRLF continues to grind out a fairly solid-looking base here.

I wouldn't buy until this dips below $10. Unless of course, you want to flip daily chart patterns. There are traders here who get that right every single time. Amazing!

GYST is dead. Time for burial! Come on SEC, shut 'er down!

It does seem mighty cheap, but I'm still thinking the $13s are the place to buy. Double bottom territory.

Sideways and flat seems to be the chart pattern now. Remember the good 'ol days when they were talking about an ancient waterfall filled with gold nuggets? Now THAT generated excitement.

Yeah, .33 is ridiculous, but .003 is very possible. Maybe even a half cent. Those who scooped this up in the trips might see a decent payoff soon.

Nope. Never said that.

Nice attitude. Never admit losses in the face of new lows. Wow, the bears feel so 'smacked down' today.

LMAO!

It's not being smug at all...and I'm not rubbing it in. I've followed the miners too long and that's why I saw this coming. I often tried to counter DP's pro-gold arguments using facts and he replied with insults.

A lot of 12 stops must be getting triggered here.

JNUG is now in the land of the 11s....with sub 10 on the horizon.

That's fine. Most anything can be flipped and traded regardless of the sector. JNUG has the volume for that. Lately it has been volume to the downside, though...and gold and silver are in bear markets. That's why I've said it's not a good long term hold....the decay catches up to leveraged ETFs such as this one.